DRFXTRADING's Posts

I Really Need a Mentor That is Making Money in Experienced Traders Apr 01, 2018 at 10:43

Always wondered how much people want to pay....$500..$10000 ? And what kind of returns they wsnt that mentor to be making...10%.. 20% 400%? What do people consider this holy grail to be? Will they recognize it when they see it?Plus with so many systems with triple digit returns here..I have always.thought finding someone would be easy..is it that most dont wsnt to share or people dont want to pay their price?Irony could be thst since most people been used to free and cheap stuff..when the better thing comes around..they still expect free and cheap..If its of value..it has to be at a higher cos...

I Really Need a Mentor That is Making Money in Experienced Traders Mar 20, 2018 at 09:23

Wow..always amazed at the arrogance of people on the internet.." demanding" things from others. Insults included. Gotta love the internet. Well with an attitude like this ..I definitely will send something to you Master.Look out for something in the next few minutes ok?Someone who understood what I meant and searched is gonna benefit from it.Good luck MasterDuaneDRFXTRADING

I Really Need a Mentor That is Making Money in Experienced Traders Mar 19, 2018 at 13:41

No..not a waste of time.If you check it out carefully, I did point you in the right direction.

I Really Need a Mentor That is Making Money in Experienced Traders Mar 18, 2018 at 06:08

My advice, Assuming you find Successful Mentors.1. Some may not have the system that best works for you. - First determine what you want from trading (5%, 10%, 30% Return Per Month) - Next Determine if they have the approach that you are comfortable with. If they use Indicators that are accurate, but you want a system with clear charts using just Candlestick Signals, then some of these mentors would not be for you. - Determine how often you can trade. If the Mentors system requires being in front of your computer screen at times not convenient to your 9/5 Routine, may have a problem with...

DRFX TRADING SERVICE 2017 in Trading Systems Sep 14, 2017 at 06:39

Hey Traders,Live Trading has now resumed on this System after finalizing the new Aggressive Swing Strategy.The previous Strategy - which targetted 100-200 Pips - while good, was somewhat limited, hence the poor returns so far for 2017.With the New Strategy, a large Return of 30% Monthly is expected.http://www.myfxbook.com/files/DRFXTRADING/WEB_FRONT_4%25_30%25_TABLE_MONTHLY.jpgIN SUMMARY- TRADE TARGETS OF 50-70 PIPS- MAXIMUM STOP LOSS OF 45 PIPS- MAXIMUM HOLDING PERIOD OF 24 HOURS- DAILY AND 4 HOUR CHARTS ONLY- CANDLESTICK PATTERNS, TREND LINES AND CONSOLIDATIONS SETUPS ARE USED FOR THIS SWING...

Swing Trading Analysis & Results in Experienced Traders Jul 11, 2017 at 06:27

Sorry about thatGonna be providing an update soon of new trading strategy..Duane

need a mentor in Experienced Traders Apr 12, 2017 at 06:16

Just a follow-up....MY STRATEGIESMy Strategies up to 2016 involved targeting Weekly Range targets of 100-200 Pips using the Daily and 4 H Charts over the last several years, earning 40% on average each year. All Based on Candlesticks. No Indicators or Economic News.Right now, however, strategy is a lot more aggressive.1. TARGETS - 70 PIPS PER TRADE 2. STOP LOSS - 40 PIPS (90-120 Pips with Previous Strategy)3. HOLDING PERIOD - 24 HOURS (5-7 Days Previous Strategy)4. TIME FRAMES - DAILY AND 4 HOUR5. AVERAGE NO. OF TRADES - 2 PER WEEK/6-8 PER MONTH (2-3 Per Month PRevious Strategy)Depending on yo...

DRFX TRADING SERVICE 2017 in Trading Systems Feb 03, 2017 at 07:36

Hey Traders,Double Tops, if formed, could give us a trade on the GBP USD Daily Chart within the Consolidation being formed.http://www.myfxbook.com/files/DRFXTRADING/FEBRUARY_2_2017_GBP_USD_POSSIBLE_DOUBLE_TOPS_DAILY.jpgAnybody looking to short this too?Lets see, Duanewww.drfxswngtrading.com

DRFX TRADING SERVICE 2017 in Trading Systems Jan 22, 2017 at 08:29

Hey Traders, Another example of using the Larger Time Frames to accurately predict the market. This is the basis of my Swing Trading System.http://www.myfxbook.com/files/DRFXTRADING/BLOGS_GBP_USD_FORECAST_RALLY_JANUARY_18_2017.jpghttp://www.myfxbook.com/files/DRFXTRADING/BLOGS_GBP_USD_AFTER_RALLY.jpg...and the Video that predicted it....https://www.youtube.com/watch?v=-fyrzaBopgM&feature=youtu.beDay Trading is fun, but being able to avoid major volatility while still earning large Returns over the Long-Run...http://www.myfxbook.com/files/DRFXTRADING/ADS_50%25_YERLY_RETURN.jpg...is much mor...

DRFX TRADING SERVICE 2017 in Trading Systems Jan 17, 2017 at 08:02

Hey all,Its funny. We all are here chatting with each other in various threads but dont know much about who we´re really talking to. So here is a little background of my work experience before Forex Trading. I believe my Research jobs in Economics and Finance helped a great deal in being able to create a Forex Swing System thats profitable. If Central Bank Economists are able to accurately forecast Exchange Rates, it means that the market can be used for personal gain as well. However, the problem with most systems is that they aren´t tested and researched properly. So my goals wer...

DRFX TRADING SERVICE 2017 in Trading Systems Jan 17, 2017 at 07:58

TRADE UPDATE EURO AUDHey Traders,As predicted, the EURO AUD declined to the Range Support as it Reversed Sharply back inside of the Daily Range.http://www.myfxbook.com/files/DRFXTRADING/BLOG_POSTS_EURO_AUD_PREDICTED_88_PIPS_DAILY.jpghttp://www.myfxbook.com/files/DRFXTRADING/BLOG_POSTS_EURO_AUD_AFTER_88_PIPS_DAILY.jpgThis was the Setup on the 4H Chart to take advantage of this bearish move.http://www.myfxbook.com/files/DRFXTRADING/JANUARY_11_2016_EURO_AUD_4H_SLOW_BREAK_TRADE_BLOG_SMALLER.jpgAfter around 36 hours, trade gave 88 Pips in gains.http://www.myfxbook.com/files/DRFXTRADING/JANUARY_11_2...

Live Trading. in New Traders Jan 04, 2017 at 08:15

Sounds good on paper...but...Do you have a trading plan that you´ve practiced on a Demo which you will use and take this seriously.--- disaster awaits...sorry due...But if its just for fun and the bet is who will pay for next strippers in vegas then I´m up for it..! Take me there...you know, just to make sure he pays up!!But if its a serious thing you gonna use to eventually take Forex seriously, likely to go bellyup.DuaneDRFXSWINTRADING

Beginners - Kill your emotions in New Traders Jan 04, 2017 at 08:14

Agree. but..... I think the way people are trading makes a big difference. If you are a trader who..1. Watches his trade when he´s entered the market.2. Doesnt have a clear strategy traded for at least 6 Months on a Demo..then emotions will become a major part of your trading decision instead of a good strategy..http://www.myfxbook.com/files/DRFXTRADING/ADS_PIE_CHART_10%25_STRATEGY_Ho.jpgLike all areas of life, emotions affect us...ALL of us. Key is knowing when they can take over and lead to bad judgements so we take steps to to avoid these situations.Market is no different...this is mo...

DRFX TRADING SERVICE 2017 in Trading Systems Jan 03, 2017 at 20:32

PREDICTING MARKET REVERSAL USING THE DAILY CHART THIS IS THE KEY TO SUCCESS ACROSS ALL TIME FRAMES, NO MATTER YOUR TRADING STRATEGYTime and time again as a Day Trader years ago, I used to be surprised by sharp reversals that came out of nowhere. There was even a month I had only one successful trade out of about 32 trades because of these moves. It was only when I realized that the Daily Chart and certain types of Signals controlled the trends and setups across the lower charts. If we cant predict these moves based on these signals, we will e...

DEMO ACCOUNT vs LIVE ACCOUNT in New Traders Dec 29, 2016 at 15:52

If you have a bad broker, then thats the problem...All my years of trading on Live Accounts at reliable brokers...no problems. If you use small Stops of 10, 20, 30 Pips then youll have problems. The market just needs to sneeze for you to be Stopped Out..this then leads to traders blaming the brokers, market etc.If you had a good strategy on a Demo with large enough Stop Losses, shouldnt have a problem replicating those Demo trades on a Live Account...http://www.myfxbook.com/files/DRFXTRADING/FRONT_GBP_CHFF.pngDuaneDRFXSWINGTRADING

DRFX TRADING SERVICE 2017 in Trading Systems Dec 29, 2016 at 15:47

Recommended Approach to Forex and Swing Trading1. Establish how much you want to earn from the Forex - in % and $ terms.2. Determine if you want to be able to earn that every 6 Months, Year, 2 Years Etc.3. Aim to get that target on a Demo with a CLEAR set of rules as part of a PROFITABLE Strategy.4. Use that Strategy for a Minimum of 6 Months to ensure it can work under several market conditions..5. Go Live and continue to follow the rules and guidelines of your StrategyDuaneDRFXSWINGTRADINGwww.drfxswingtrading.com

Swing Trading Analysis & Results in Experienced Traders Dec 29, 2016 at 11:33

IS IT DEMO "VS" LIVE.OR DEMO "THEN" LIVE?There is a popular belief that Demo Trading doesnt prepare you for Live Trading. This couldnt be further from the truth.Like other areas of life and other professions, if you dont prepare adequately in the simulated environment...http://www.myfxbook.com/files/DRFXTRADING/ADS_TRAINING_MESSI_C9.jpghttp://www.myfxbook.com/files/DRFXTRADING/ADS_PILOT_TRAIN_mb.jpg...you will not be successful. Even the greats need to practice.This is why Demo Accounts were created. Because of how difficult this market is, achieving Profitability with fak...

DEMO ACCOUNT vs LIVE ACCOUNT in New Traders Dec 29, 2016 at 11:33

Interesting thread, I think Demo Trading is fundamental to Live Trading success. Just like other areas of life, if you dont prepare adequately in the simulated environment ....http://www.myfxbook.com/files/DRFXTRADING/ADS_TRAINING_MESSI.jpghttp://www.myfxbook.com/files/DRFXTRADING/ADS_PILOT_TRAIN.jpg...you will not be successful.This is why Demo Accounts were created. Because of how difficult this market is, achieving Profitability with fake money is the only guarantee you will do so with Real Money. Otherwise, Disaster awaits.The consequence will be that instead of your Live Account giving yo...

DRFX TRADING SERVICE 2017 in Trading Systems Dec 28, 2016 at 23:45

Should we always Demo Trade before going on to Live Trading or should we jump in to get a feel for the market?I think Demo Trading is fundamental to Live Trading success. Just like other areas of life, if you dont prepare adequately in the simulated environment ....http://www.myfxbook.com/files/DRFXTRADING/ADS_TRAINING_MESSI.jpghttp://www.myfxbook.com/files/DRFXTRADING/ADS_PILOT_TRAIN.jpg...you will not be successful.This is why Demo Accounts were created. Because of how difficult this market is, achieving Profitability with fake money is the only guarantee you will do so with Real Money. Othe...

Swing Trading Analysis & Results in Experienced Traders Dec 27, 2016 at 07:30

Hey Traders how goes it!!,Just to give you an update...Every year, I aim to achieve a targeet of at least 100% Rate of Return. I think that if you can achieve these results within a Year as a Swing Trader who doesnt want/have the time to stay glued to the market, youll put yourself in a good position Long-Term.http://www.myfxbook.com/files/DRFXTRADING/WEB_FRONT_100%25_TABLE.jpgI target 100-200 Pips per trade, using Stop Losses of 100 Pips on average, trading the Daily and 4 Hour Charts. I use a 5% Risk Per Trade. The table above assumes an average gain of 150 Pips. So the idea is that you onl...

EURUSD	1.07599	GBPUSD	1.25452	AUDUSD	0.66091
USDJPY	153.053	USDCAD	1.3685	USDCHF	0.90475

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